25% bonus share of Kanchan Development Bank got approved

Kathmandu December 27- 6^th AGM of Kanchan Development Bank has approved BOD proposal of 25 % bonus share to be distributed among the shareholders.

In the AGM, Shiva Singh Karki, Chairman of the bank informed that the bank has prepared capital plan to meet target of 500 million paid up capital  with next 2 years as per the directive of NRB.

In the meeting, bank informed about its planning to start new branches in 2 locations in Kanchanpur and 3.locatons in Kailali as well as preparation of bank is in final phase to provide modern banking services, ATM and mobile banking services to its customers.